2008.07.21 EDA Packet - Laserfiche WebLink

Home

r BACKGROUND MEMO FOR THE EDA MEETING OF MONDAY, JULY 219 2008 3. Approval of Minutes for EDA meeting of June 16, 2008 City staff recommends that the EDA approve the minutes for the June 16, 2008 EDA meeting as presented. 4. Carpenters Restaurant Site Plan Update Staff will present to the EDA the concept plan for Carpenters on the Lake. Mike Anderson from Carpenters Restaurant will also be present at the meeting. The plan shows a two story 16,000 square foot building with a banquet room and attached retail spaces. Mike Anderson would like to start the site plan and TIF application approval process. Staff recommends that the EDA provide informal feedback on the plan. 5. Discussion Hugo Commons TIF Application Review Paul Steinman from Springsted will provide the EDA with the outcome of the TIF application analysis for the former End Zone property. Bill Lentsch and Dale Dockendorf who have the purchase agreement on the property will be present at the meeting. Staff recommends that the EDA direct staff on whether or not to draft a TIF Agreement with the applicant and bring it back to the EDA at their August meeting. The TIF agreement will also go to the City Council in August if staff is directed to draft an agreement. 6. Update on Downtown Redevelopment Staff will update the EDA on the progress of the downtown redevelopment projects. 7. Update on BR&E Subcommittee Staff will update the EDA on the progress of the BR&E Subcommittee. 8. Discussion on Marketing and Promotion of the City The City has repeatedly received praise for its efforts in managing the recovery process following the disaster. The city staff believes the extraordinary media coverage the City has received during the past few weeks has cast a positive spotlight on the attitude and professionalism found within the City of Hugo. Staff would like to discuss with the EDA ways to promote the City during this unique time as a good place to locate a business.